Forex Germany

Expert Advisors - FE Combo

FE Combo is a cluster of Expert Advisors trading around the clock,
with the inherent EAs using different trend following strategies. Those strategies are currently offered in the form of FE Combo package..

FE Combo Scalper opens two positions simultaneously, though using different take profit limits, while the stop loss limit remains the same for both
positions. Sometimes it may happen that the EA will open further positions, although the previous positions have not yet been closed, this can be fine-tuned by the
relevant parameters in the setup. Based on the backtests, the risk reward ratio reaches a level of less than 3:1 which is a quite good level for scalpers.

FE Combo Machine uses a quick trade approach as well and trades according to the direction of the respective trend if the price retraces to a certain resistance level.
By default the EA opens up to three trades at the same time. Based on the backtests, the risk reward ratio is about 4:1 which is good for a scalper.

FE Combo Fibo trades in the direction of the main trend if certain Fobonnaci levels are reached or crossed. The risk-reward-ratio of just 1:1.5 is a good value though slightly
impaired by a hit ratio of just about 45%.

FE Combo Vola is a strategy driven by short-term volatility with the objective to identify new and amplifying trends. The risk-reward-ratio of about 1:1 comes along
with a hit ratio of 50%.

All trading strategies provide money management and various settings for the adjustment of trading times. The trading parameters of the strategies can be freely adapted as well.
By using default settings, the risk per trade ranges from 0.35% to 1.0% depending on the sub-strategy.

A Monte-Carlo-Simulation, based on backtests, with a fixed lot size, a starting balance of EUR 1.000 and 100.000 iterations shows the following results for expected profits,
expected drawdowns and the derived value at risk. Here the value at risk is expressed as the drawdown which is expected with a probability of 95% and 99% respectively not
to be exceeded.

Strategy

Profit

Drawdown

Value at Risk

max

min

Ø

max

min

Ø

95%

99%

All

12,042.24

6,018.80

9,067.25

32.69%

0.86%

4.27%

11.64%

16.59%

Scalper

2,356.71

488.58

1,417.10

26.58%

1.44%

5.69%

9.95%

13.00%

Machine

4,346.53

1,810.48

3,125.97

24.32%

1.09%

4.39%

8.84%

11.60%

Fibo

1,978.20

4.50

1,005.88

35.69%

1.93%

7.61%

13.14%

16.98%

Vola

6,497.89

918.65

3,695.67

63.31%

1.96%

10.25%

22.12%

30.16%

Trading strategy

Trend follower.

Currency pairs

EUR/USD

Chart

M5

Trading hours

All sessions.00:00 - 24:00 GMT

Price

EUR 149 per year.Payment through Click2Sell.
If the below stated buy-now link is used, a 10% discount is automatically applied.

Return policy

The developers do not grant expressively a right to return, but refer to the German Distance Selling Act enforcing a 14 days refund period. However, it is still disputed
whether this covers downloaded software as well.

Licence

A licence is valid for one live and five demo accounts up to an account balance of USD 15,000. The licence can be managed in the customer area of the developers' website.
Additional licences as well as account balance extensions are available in the customer area as well.

Manual

Short manuals with about 4 pages each explain the installation and set up of the EAs as well as the input parameters and their impact.

Trading Foreign Exchange and Contracts for Difference (CFDs) is highly speculative and may not be suitable for all investors. Brokers offer trading on margin. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your initial investment. Only invest with money you can afford to lose and ensure that you fully understand the risks involved.